Islamabad Dry Port assigned Rs275m Customs Duty target in March

ISLAMABAD: The Islamabad Dry Port was assigned Rs275million Customs Duty target for the month of March of Financial Year 2016-17. The dry port is expected to easily surpass it as it has already surpassed last month’s target.

During the last month of February FY2016-17, the Customs Dry Port Islamabad collected Rs55.84million more Customs Duty than the assigned target for February of Financial Year 2016-17.

He said long holidays of China have ended now and the dry port has started working again. The consignments, stopped at China Border due to holidays, are about to reach the dry port within next few days.

He said this month the dry port will get more handsome revenue than previous months because last month most of the consignments comprised spare-parts and less fabric as most of fabric comes from China whereas spare-parts come from European countries like Canada, Germany, Holland.

Telling about the details of CD collection during January, he said the dry port generated Rs285.837million CD against the assigned target of Rs230million while the dry port collected Rs274.561million during the same period of corresponding year 2015-16. The dry port earned Rs11.28million more CD during the same period of corresponding period.